100
100
tv
eye 100
favorite 0
quote 0
john boehner said we don't have the votes to pass that debt ceiling, a clean debt ceiling. and senator cruz said, no, the debt ceilings are used to affect changes in policy. >> i think if you're just looking at it from a purely legislative point of view, i think in the end boehner wins in the sense that some kind of concession will be made by the white house and by democrats on some specific issue and it will be tied into the debt ceiling and tied to the shutdown for the president to still say i didn't negotiate on the debt ceiling but we made this concession. it will be something luke the medical device tax repeal, something like that. i think the danger for republicans and the congressman can speak to this better than i can, that kind of minor sort of tactical victory, is it worth the path? it is worth the pr hit? >> i want to get you to hold. i'll get both of you, all of you to comment when we return. help the gulf recover and learn from what happened so we could be a better, safer energy company. i can tell you - safety is at the heart of everything we do. we've added c
john boehner said we don't have the votes to pass that debt ceiling, a clean debt ceiling. and senator cruz said, no, the debt ceilings are used to affect changes in policy. >> i think if you're just looking at it from a purely legislative point of view, i think in the end boehner wins in the sense that some kind of concession will be made by the white house and by democrats on some specific issue and it will be tied into the debt ceiling and tied to the shutdown for the president to...
205
205
Jan 20, 2013
01/13
by
FBC
tv
eye 205
favorite 0
quote 0
it would be great to control the debt with the debt ceiling. as you see through history, examples given it doesn't work at all. it becomes a political football, the other party not it in power, decides it's an of important thing. and president obama used to hate the debt ceilings. it's time to build something that controls the deficit properly and not arbitrary. >> brenda: toby, doesn't this basically give a blank check to washington saying we don't need a limit. at least when we have a limit we're forced to look at that number and realize how much we're borrowing. >> if that logic were true, they wouldn't have passed any of the spending stuff. first off, two countries in the world, united states and sweden who have a debt ceiling. people got rid of it, because what jonas is saying, it's political. and the second issue is, i don't want our economy held hostage and run by washington, right now, the buffoons in congress have more power over the economy with the, you know, stupid idea. if we give them this type of power we've hurt ourselves, kick
it would be great to control the debt with the debt ceiling. as you see through history, examples given it doesn't work at all. it becomes a political football, the other party not it in power, decides it's an of important thing. and president obama used to hate the debt ceilings. it's time to build something that controls the deficit properly and not arbitrary. >> brenda: toby, doesn't this basically give a blank check to washington saying we don't need a limit. at least when we have a...
133
133
Oct 4, 2013
10/13
by
KICU
tv
eye 133
favorite 0
quote 0
people are still going to be buying coca- cola,debt ceiling or no debt ceiling." "if you think maybe there will be a little bit of a sell-off because of the debt ceiling debate, i think that's an opportunity, that if happens, maybe you're in an equity, a balanced portfolio and you get to rebalance off-cycle. maybe if you're adding cash, you take that opportunity to add. but regardless of the political dysfunction, we know one thing: at some point, it resolves itself." "we do believe some markets have some challenges, especially in emerging markets, we have seen, there is some sort of outflow that just happened, but the pensions that we are working with are thinking about more long-term growth prospects." until a resolution comes out of washington , money managers tell us for the most part they are using conservative investing strategies. the labor department's monthly unemployment report is not being released during the government shutdown. despite that, there are indications that job growth continues but the shutdown may affect hiring at the top in the private se
people are still going to be buying coca- cola,debt ceiling or no debt ceiling." "if you think maybe there will be a little bit of a sell-off because of the debt ceiling debate, i think that's an opportunity, that if happens, maybe you're in an equity, a balanced portfolio and you get to rebalance off-cycle. maybe if you're adding cash, you take that opportunity to add. but regardless of the political dysfunction, we know one thing: at some point, it resolves itself." "we do...
68
68
Oct 11, 2013
10/13
by
MSNBC
tv
eye 68
favorite 0
quote 0
of the debt ceiling and remove the ability for people to use the debt ceiling to take us hostage by using what mitch mcconnell proposed to get us out of the 2011 debt ceiling crisis and what he did and what's being called the mcconnell rule. he allowed the president to unilaterally raise the debt ceiling and congress can vote to disapprove. if the president wants the debt ceiling to be raised, he has to veto that measure and it could be overridden by two thirds of both houses. is there any sort of talk or discussion of some way of actually taking away this debt ceiling threat for the longer term? >> i think it's a possibility that could be in the cards in the larger budget discussion that you'd end up having between republicans and democrats trying to craft something after a temporarily debt ceiling increase, a temporary extension of the u.s. government. but krystal, i don't think we know how long the debt ceiling will be increased for. house republicans yesterday were talking about a six-week extension. but it could be longer than that. we just don't know any kind of the details ye
of the debt ceiling and remove the ability for people to use the debt ceiling to take us hostage by using what mitch mcconnell proposed to get us out of the 2011 debt ceiling crisis and what he did and what's being called the mcconnell rule. he allowed the president to unilaterally raise the debt ceiling and congress can vote to disapprove. if the president wants the debt ceiling to be raised, he has to veto that measure and it could be overridden by two thirds of both houses. is there any sort...
46
46
Jan 15, 2013
01/13
by
CNBC
tv
eye 46
favorite 0
quote 0
ceiling and debt negotiations. i think it's helped gold also as people look for safety. >> do you agree that the platinum and rally has helped gold and do you think we can look at this platinum rally and make a bigger indication of what is happening in the economy? some people say it's an indication that things are really turning around? >> jackie, i think it's too heavy. the anglo american platinum pulls off 400,000 ounces of platinum per year. that's almost 7% of global demand -- production, rather. that sends the market up. when i got up this morning and looked at the screen, platinum made that 3% today. i looked at the metal sector and looked at things that were undervalued. i think gold short term will benefit but long term i think platinum is going to be a better bet. if platinum stays higher, than going through the latter part of the year, that could signal a change in the market sentiment. gold is your fear and platinum is going to be demand in manufacturing. that could signal a change but not yet. i think
ceiling and debt negotiations. i think it's helped gold also as people look for safety. >> do you agree that the platinum and rally has helped gold and do you think we can look at this platinum rally and make a bigger indication of what is happening in the economy? some people say it's an indication that things are really turning around? >> jackie, i think it's too heavy. the anglo american platinum pulls off 400,000 ounces of platinum per year. that's almost 7% of global demand --...
150
150
tv
eye 150
favorite 0
quote 0
the bipartisan policy center says the debt ceiling, the current debt ceiling probably won't be breached until sometime in early september or early october. back tyou. melissa: all that and scandal to deal with as well. rich, thanks so much. >> that's right. melissa: coming up on "money," investors scrambling to pull cash out of sac capital. did the government just bully the multibillion-dollar hedge fund out of business? we'll tell you why every company should be worried. >>> plus smoking is a sociallyly acceptable right now as help prosy. big tobacco is betting big electronic cigarettes. it is the key cure for the industry's demise? don't go away. pylesf money coming right up. ♪ . melissa: no matter what time it is money is as you on the move and shares of rosetta stone taking a hit after hours. the language software company announced a secondary stock offering, another 3.5 milli shares will be offered to potential investors. right thereou can e the trade on that one. >>> turning n to the power of money. wall seet is holding its breath as sac capital braces for maybe billions of rede
the bipartisan policy center says the debt ceiling, the current debt ceiling probably won't be breached until sometime in early september or early october. back tyou. melissa: all that and scandal to deal with as well. rich, thanks so much. >> that's right. melissa: coming up on "money," investors scrambling to pull cash out of sac capital. did the government just bully the multibillion-dollar hedge fund out of business? we'll tell you why every company should be worried....
65
65
Oct 7, 2013
10/13
by
MSNBC
tv
eye 65
favorite 0
quote 0
debt ceiling fight we'll have. joining me managing editor of the grio joy reid and joining us from the capital is republican congressman from oklahoma's fourth district deputy majority whip tom cole. congressman, thank you as always for joining us. >> alex, thank you. >> so congressman, a few months ago, two months ago to be precise you came on the show and you said the following. lets roll the actual tape. >> shutting down the government is a suicidal political tactic. eventually it will be reopened but the president will not have capitulated and you will have discredited yourself and along the way you've heard the american people. >> having said that, where do you think we are today and what do you think of the government shutdown. >> i would say i was pretty accurate by prophecy. frankly i think we have made more progress probably than most people understand. over half the government is back opening. it should never have been shut down, the defense department and civilian contractors and civilian workers. we vot
debt ceiling fight we'll have. joining me managing editor of the grio joy reid and joining us from the capital is republican congressman from oklahoma's fourth district deputy majority whip tom cole. congressman, thank you as always for joining us. >> alex, thank you. >> so congressman, a few months ago, two months ago to be precise you came on the show and you said the following. lets roll the actual tape. >> shutting down the government is a suicidal political tactic....
154
154
Jan 6, 2013
01/13
by
CNNW
tv
eye 154
favorite 0
quote 0
can you get a deal on the debt ceiling? can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me, but what the president said, he's not going to deal, he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the president has already said, we're going to be talking about further deficit reduction, but it has to be done in a balanced way. at the heart of this debt ceiling debates is whether or not we're going to continue to reduce the deficit. i think we need to do it in a thoughtful way. and the president said as long as it's balanced he's open to the conversation. >> okay. so i'm confused because i've heard him say multiple times i am not going to negotiate over raising this debt ceiling. so are you going to negotiate? >> i can just tell you this. the debt c
can you get a deal on the debt ceiling? can you raise that debt ceiling without agreeing to some spending cuts? >> well, i think we're going to need both. what the president has said is we need some balance here. from this point forward -- >> excuse me, but what the president said, he's not going to deal, he's not going to negotiate. he just wants you to raise it. is that going to happen? >> let me add one thing. i think in the course of the state of the union address, and the...
140
140
Jan 15, 2013
01/13
by
CNBC
tv
eye 140
favorite 0
quote 0
raise the debt ceiling or risk a u.s. downgrade. >> markets are in a holding pattern until the debt ceiling fight is over and the backdrop for the fitch warning is quite different this time around, and pete will explain why in just a moment. just said to you during the break. a heck of a holding pattern if that's what the market is in. plenty of sectors hitting new highs right now. no question about it. this is the year that we springboard up now. not just to climb the wall of worry. get through the debt ceiling debate, continuing resolution. it's going to be bumpy. we'll take full advantage of a market falldown during that period because you've got three main things going for you. housing turning for real, not just an inventory real liquiification and foreclosures. all that have stuff turning for real. it will turn into unemployment back half of the year. a little better transparency on fiscal policy. not necessarily the fix but the transparency. business cap "x" second half of the year and every single central bank in t
raise the debt ceiling or risk a u.s. downgrade. >> markets are in a holding pattern until the debt ceiling fight is over and the backdrop for the fitch warning is quite different this time around, and pete will explain why in just a moment. just said to you during the break. a heck of a holding pattern if that's what the market is in. plenty of sectors hitting new highs right now. no question about it. this is the year that we springboard up now. not just to climb the wall of worry. get...
59
59
tv
eye 59
favorite 0
quote 0
the bipartisan policy center says the debt ceiling, the current debt ceiling probably won't be breached until sometime in early september or early october. back to you. melissa: all that and scandal to deal with as well. rich, thanks so much. >> that's right. melissa: coming up on "money," investors scrambling to pull cash out of sac capital. did the government just bully the multibillion-dollar hedge fund out of business? we'll tell you why every company should be worried. >>> plus smoking is a sociallyly acceptable right now as help prosy. big tobacco is betting big on electronic cigarettes. it is the key cure for the industry's demise? don't go away. pyles of money coming right up. ♪ . vo: traveling you definitely end up meeting a lot more people but a friend under water is something completely different. i met a turtle friend today so, you don't get that very often. it seemed like it was more than happy to have us in his home. so beautiful. avo: more travel. more options. more personal. whatever you're looking for expedia has more ways to help yofind yours. melissa: no matter what
the bipartisan policy center says the debt ceiling, the current debt ceiling probably won't be breached until sometime in early september or early october. back to you. melissa: all that and scandal to deal with as well. rich, thanks so much. >> that's right. melissa: coming up on "money," investors scrambling to pull cash out of sac capital. did the government just bully the multibillion-dollar hedge fund out of business? we'll tell you why every company should be worried....
138
138
Sep 22, 2013
09/13
by
FBC
tv
eye 138
favorite 0
quote 1
look at 2011hen the last debt ceiling face-off happened. we saw the stock markets plunge. >> david: we did. >> rating downgrade. >> david: true. then shortly afterwards the stock market came back up and they ignor the debt rating t. but extortion? the word "extortion' a strong word. the president seems to forget what he said, which would be called extortion by his definiti as well. >> extortion is criminal. this president is grasping for straws because he knows that 53% of americans realize obamacare will drive their healthcare costs up. republicans are doing the right thing. this is risky business. they realize obamacare is not ready for the big but. it wll drive up st and cut jobs. we have a lot of work that has to be done to implement this properly. >> david: but rick, on this debt issue. by the way, president obama i not the only one t commit hypocrisy. harry reid and nancy pelosi voted to raise the debt ceiling. >> i'm shocked. who knew the president was a politician? be care waffle you say in the senate. you may be in the white house
look at 2011hen the last debt ceiling face-off happened. we saw the stock markets plunge. >> david: we did. >> rating downgrade. >> david: true. then shortly afterwards the stock market came back up and they ignor the debt rating t. but extortion? the word "extortion' a strong word. the president seems to forget what he said, which would be called extortion by his definiti as well. >> extortion is criminal. this president is grasping for straws because he knows that...
200
200
Oct 4, 2013
10/13
by
CNBC
tv
eye 200
favorite 0
quote 0
debt ceiling breach? >> yeah. >> if these reports are right, actually there's a possibility makes a shutdown last longer because in other words it may be the strategy of boehner to say we take the more catastrophic one off the table by giving them a debt ceiling increase. >> but i don't -- >> can i ask you one question bothering me. i think he said they can't prioritize payments on the debt. the actual payments -- >> they're going to want to show people the choices that the treasury has here. there's two ways to deal with a debt ceiling breach. i want to show you basically what is believed here. you prioritize, you make choices to pay some bills and not others. the payment system is not programmed to do that and there's no legal base. the other way to do it is day-to-day. which is you could wait until you got enough money in the bank and then you make the payments and the problem is you start to delay payments. >> you've done all this work. i don't like life insurance either. i don't want to pay off on li
debt ceiling breach? >> yeah. >> if these reports are right, actually there's a possibility makes a shutdown last longer because in other words it may be the strategy of boehner to say we take the more catastrophic one off the table by giving them a debt ceiling increase. >> but i don't -- >> can i ask you one question bothering me. i think he said they can't prioritize payments on the debt. the actual payments -- >> they're going to want to show people the choices...
63
63
Sep 27, 2013
09/13
by
MSNBC
tv
eye 63
favorite 0
quote 0
do not mess with the debt ceiling. but two years ago, regardless, in 2011, republicans in congress messed with the debt ceiling. they took us right to the brink of default, and even just getting to the brink was enough to not only get the u.s. government's credit rating downgraded for the first time in our history, it also took what had been relatively strong job growth and put a big four-month dent in it. and now two years later, we're doing it all over again. today, house republicans unveiled their big wish list for all the things that they want, in exchange for not sending the country into catastrophic default. the u.s. government is set to go into default on october 17th, three weeks from today. and republicans say that they will let that happen. they will crash our economy and likely crash the world economy, unless democrats agree to pretty much everything republicans have asked for over the last few years. they want to delay obama care for a year, they want to gut wall street reform, they want to approve the keys
do not mess with the debt ceiling. but two years ago, regardless, in 2011, republicans in congress messed with the debt ceiling. they took us right to the brink of default, and even just getting to the brink was enough to not only get the u.s. government's credit rating downgraded for the first time in our history, it also took what had been relatively strong job growth and put a big four-month dent in it. and now two years later, we're doing it all over again. today, house republicans unveiled...
276
276
Oct 8, 2013
10/13
by
KPIX
tv
eye 276
favorite 0
quote 0
one that would bring dire consequences for every american. >> on the debt ceiling -- >> the debt ceiling. >> reporter: -- the debt ceiling or the point at which our treasury goes into default and can no longer make our payments. what can we expect if washington can't reach a deal to raise the ceiling? today we spoke with a berkeley professor a former deputy assistant secretary for economic policy it the treasury department. >> the best way to get an idea of what the impact might be is to look last time at what happened in summer 2011 when we almost hit the debt ceiling. consumer confidence was hurt. it took six months to return. the s&p tumbled 17 points. those were just the consequences of almost getting there. mainstream economists of both parties agree that it would be catastrophic but we don't know just how bad it would be. >> reporter: making matters worse, consumer confidence has already plunged since the start of the government shutdown. default would be like throwing gasoline on the fire. >> if the government shutdown is a 5 on the richter scale, this is a 9 on the richter scale.
one that would bring dire consequences for every american. >> on the debt ceiling -- >> the debt ceiling. >> reporter: -- the debt ceiling or the point at which our treasury goes into default and can no longer make our payments. what can we expect if washington can't reach a deal to raise the ceiling? today we spoke with a berkeley professor a former deputy assistant secretary for economic policy it the treasury department. >> the best way to get an idea of what the...
109
109
Jan 5, 2013
01/13
by
MSNBCW
tv
eye 109
favorite 0
quote 0
lift the debt ceiling. it will be clear because wall street will make it clear, the banking community will make it clear what the ramifications are to americans by not lifting the debt ceiling. and you're right, mike, all this is about, as the president said, is paying for the bills that congress has already voted to fund. and it's not lifting the debt ceiling to pay for future spending. it's to pay for the bills that we've already accrued. but regardless of that, regardless of that, the people want us to get together and do something. it's why i was sad to see steve decide not to run for re-election because we need republicans, we need more republicans who are going to stand in there and say, yes, spending is the issue, but we've got to realize that we've got to have reasonable revenue that comes into the mix, and we've got to look at everything. when it comes to spending, defense cannot be a sacred cow. we have to look at everything, and we have to have legitimate entitlement reform. and on our side, mike
lift the debt ceiling. it will be clear because wall street will make it clear, the banking community will make it clear what the ramifications are to americans by not lifting the debt ceiling. and you're right, mike, all this is about, as the president said, is paying for the bills that congress has already voted to fund. and it's not lifting the debt ceiling to pay for future spending. it's to pay for the bills that we've already accrued. but regardless of that, regardless of that, the people...
150
150
Jan 15, 2013
01/13
by
FOXNEWSW
tv
eye 150
favorite 0
quote 0
translation, the debt ceiling deal didn't do enough about the debt itself. so keep this in mind when you hear it said,be with great certainty it's the republicans trying to force spending cuts over endangering the nation credit rating. as will rogers quoted once, "it isn'tbe what we don't know that gives us trouble. it's what we know that ain't so." bret? >> bret: the president has effectively turned the messaging around. by saying it's about paying the bills that congress has already passed. the laws that it's already passed. republicans are saying it's about borrowing authority. essentially running up the country's credit card. >> exactly. what the republicans are saying is look, we maxed out the credit card. it's time before we extend any new credit or allow any new credit to do something aboutbe the spending that got us here. that would seem on the surface to be a reasonable argument. but so far, the republicans have not been able to win it. and what tends to happen in the fights when you get all of this late hour melodrama as we have had in the last cou
translation, the debt ceiling deal didn't do enough about the debt itself. so keep this in mind when you hear it said,be with great certainty it's the republicans trying to force spending cuts over endangering the nation credit rating. as will rogers quoted once, "it isn'tbe what we don't know that gives us trouble. it's what we know that ain't so." bret? >> bret: the president has effectively turned the messaging around. by saying it's about paying the bills that congress has...
108
108
Feb 6, 2013
02/13
by
MSNBCW
tv
eye 108
favorite 0
quote 0
if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and the entire $1.2 trillion will be a 50-50 defense between defense and spending. to put us into perspective is the center for social inclusion. the sequester was designed to be something that would never happen. prot expect would scare washington into coming out with something else. there sounds out of washington, particularly from republicans that they might be okay with nothing happening and sequester being triggered. half is defense and half non-domestic discretionary spending. can you explain to people what would be cut if the sequester goes into effect. >> it's a pleasure to be here.
if you lost track of the debt ceiling and budget battles t came out of the debt limit deal. it was the white house's idea to hold washington's feet to the fire. the cuts were never supposed to happen. the committee that replaced them failed and at the start of the ewe near, the deal triggered even further until march 1st. we are faced with the looming cuts a few weeks away that boiled down to $85 billion that will be slashed by this fall if nothing happens. the focus has been on the cuts and...
85
85
Dec 19, 2013
12/13
by
FBC
tv
eye 85
favorite 0
quote 0
just increase the debt ceiling. he also says in this letter the debt ceiling is not a bargaining chip to be used for partisan political ends. so the administration continues its position. congest raise the debt ceiling. don't try to negotiate with this however house republicans already said they're going to talk about what they want to ask for in exchange for increasing the debt ceiling. senate minority leader mitch mcconnell says he doesn't envision the house or senate passing a clean debt ceiling increase. house republicans last time had a real tough time, could not pass any bit of legislation that raised the debt ceiling and had strings attached to it. they have always needed democrats to do this out of the house. we'll see this plays out next couple weeks. but treasury secretary jack lew saying you have to raise the debt ceiling by late february, early march, 2014 and do it with no drama. liz? liz: a little drama out of washington with no drama. rich, thank you. >>> back to you, scott, so sorry about that interr
just increase the debt ceiling. he also says in this letter the debt ceiling is not a bargaining chip to be used for partisan political ends. so the administration continues its position. congest raise the debt ceiling. don't try to negotiate with this however house republicans already said they're going to talk about what they want to ask for in exchange for increasing the debt ceiling. senate minority leader mitch mcconnell says he doesn't envision the house or senate passing a clean debt...
126
126
Jan 14, 2013
01/13
by
CNBC
tv
eye 126
favorite 0
quote 0
house over the coming brawl over the debt ceiling. administration officials in a series of statements and discussions saying that all the cool, clever and quirky ideas that people have been talking about to avoid the debt ceiling are off the table. the administration in one form or another over the past several weeks has rejected the platinum coin idea. that was on saturday. scrips or ious issued by the government. and asset sales, which is another thing that's been making the rounds. jay carney on saturday saying there are only two options for putting the nation into default. others say the ideas put off the debt ceiling problem, or make the country look like a banana republic. some house republicans are seriously considering putting the nation into default. po lit ohco in a story this morning said default is becoming more widespread and getting more serious traction than people realize. kathy mcmorris rogers telling politico i think it's possible we would should down the government to make president obama understands that we are ser
house over the coming brawl over the debt ceiling. administration officials in a series of statements and discussions saying that all the cool, clever and quirky ideas that people have been talking about to avoid the debt ceiling are off the table. the administration in one form or another over the past several weeks has rejected the platinum coin idea. that was on saturday. scrips or ious issued by the government. and asset sales, which is another thing that's been making the rounds. jay...
115
115
tv
eye 115
favorite 0
quote 0
irs to believe that there will be some resolution debt leased cars up the debt ceiling. adam: the national retail federation numbers. a much stronger holiday sales season. we are getting indications that the consumer won't be there. walmart is pulling back a bit. >> is a little bit of a bifurcated retail sector. the luxury goods, those that are to a little bit immune to the softer economy. there will be fine. a little surprised. one thing i would say is that coming out of the second quarter the federal reserve pointed out that consumer net worth is now an all-time high. there is wealth affect associated with improving compresses and portfolios. that results in trance been the increase. adam: that the chairman of the federal reserve. we would have seen a greater gain on the market. they like it. why did that not spark something pas. >> minority opinion. you recall that even though they chose not to last time, as it turns up apparently that was a very close look. i think the marketplace ultimately would like to see the fed began to taper. at least maybe 10 billion a month,
irs to believe that there will be some resolution debt leased cars up the debt ceiling. adam: the national retail federation numbers. a much stronger holiday sales season. we are getting indications that the consumer won't be there. walmart is pulling back a bit. >> is a little bit of a bifurcated retail sector. the luxury goods, those that are to a little bit immune to the softer economy. there will be fine. a little surprised. one thing i would say is that coming out of the second...
156
156
Oct 11, 2013
10/13
by
FOXNEWSW
tv
eye 156
favorite 0
quote 0
there are planes to end the shutdown and races the debt ceiling. we have been waiting for the press secretary at the house. that hasn't happened. kris wallace is live from their studios on capitol hill. sounds like -- i don't know -- a lot of things have piled on here. some powerful conservative groups changed their mind and then the polls came out, and i'm guessing that might have changed a lot of minds. >> reporter: i think it had actually begun before that, which is one of the reasons house republicans beat a tactical retreat when hey said they would support a clean debt ceiling without strings attached. i think we're a little bit rushing the gun on the idea there's a deal going to be made here. i talked to a senate republican, who is in the meeting earlier today with the president. he said, there was some talk back and forth but no clear ways forward. house republicans are not sure they've got a deal because they haven't agreed to something that would re-open the government, and the president is insisting on that. so i think there's still some
there are planes to end the shutdown and races the debt ceiling. we have been waiting for the press secretary at the house. that hasn't happened. kris wallace is live from their studios on capitol hill. sounds like -- i don't know -- a lot of things have piled on here. some powerful conservative groups changed their mind and then the polls came out, and i'm guessing that might have changed a lot of minds. >> reporter: i think it had actually begun before that, which is one of the reasons...
110
110
Oct 11, 2013
10/13
by
FBC
tv
eye 110
favorite 0
quote 0
carney seemed to say yesterday the president would sign a debt ceiling increase in the debt ceiling, without opening the government first and start budget negotiations after that. so no contingencies. now you're hearing that from carney as he is speaking right now, some perhaps a different position. cheryl: right. >> but, you know, i guess it comes down to what the definition of clean budget resolution or clean debt ceiling will be. and, whether or not they will consider, you know, having talks on the budget and reopening the government as conditions and, so, it is a moving target. cheryl: you know what? i will let you go inside to listen to the briefing. peter barnes, thank you very much. david: it is also raining. good to get him out f the rain. what is extraordinary he despite of all the indesigh sieve elements of the story we still have a market gain of triple digits on the dow. cheryl: right. 11 to the upside. monday morning could be a different story. david: could be a lot of trading action throughout the weekend. cheryl: bond market closed on monday but stocks will be going. a
carney seemed to say yesterday the president would sign a debt ceiling increase in the debt ceiling, without opening the government first and start budget negotiations after that. so no contingencies. now you're hearing that from carney as he is speaking right now, some perhaps a different position. cheryl: right. >> but, you know, i guess it comes down to what the definition of clean budget resolution or clean debt ceiling will be. and, whether or not they will consider, you know, having...
120
120
Sep 26, 2013
09/13
by
CNBC
tv
eye 120
favorite 0
quote 0
certainly not on the debt ceiling. it's hard to blame the market for saying they're going to, like, have this kabuki show and still going to do the right thing. >> for sure. thank you so much. go ahead, heather. make your final point. >> pending a continued global growth story, the sector that seems to be on track to outperform into the end of the year are the industrials. in specific, think railroads. think rails. vanderbilt is back. >> thanks, everybody. >>> up next, it is a shutdown showdown redux. former president bill clinton went through this in 1995. he knows the danger. >> do this as a strategy to actually stop from paying america's bills is disastrous. >> coming up, my sit-down with the 42nd president and why he thinks this battle on capitol hill can do the economy some real harm if the two sides don't compromise soon. >>> first, 50 bucks from facebook? reaching a point unthinkable just a few months ago. is this really a $50 stock? we're going to take a look at it and where it goes next. the debate, coming you
certainly not on the debt ceiling. it's hard to blame the market for saying they're going to, like, have this kabuki show and still going to do the right thing. >> for sure. thank you so much. go ahead, heather. make your final point. >> pending a continued global growth story, the sector that seems to be on track to outperform into the end of the year are the industrials. in specific, think railroads. think rails. vanderbilt is back. >> thanks, everybody. >>> up...
116
116
Sep 18, 2013
09/13
by
MSNBCW
tv
eye 116
favorite 0
quote 0
if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations, it's stick into the budget negotiations because if you're going to take a bunch of votes any way, you might as well go ahead and stick that in there. you have never seen in the history of the united states, the debt ceiling or the threat of not raising the debt ceiling being youzed to extort a president or a governing party. and trying to force issues that have nothing to do with budget and have nothing to do with the debt. so, here's where we are and i think this is the bottom line and i want to make sure everybody's clear. i have presented a budget that deals with, continues to deal with our deficit effectively. i am prepared to work with democrats and republicans to deal with our long-term entitlement issues. and i am prepared to look at priorities that the republicans think we should be promoting and priorities they think we should be, we shouldn't be promoting, so i'm happy to negotiate with them around the budget. just as i've done in the past. what i will not
if there is a budget package that includes the debt ceiling vote, it's not the debt ceiling that is driving the negotiations, it's stick into the budget negotiations because if you're going to take a bunch of votes any way, you might as well go ahead and stick that in there. you have never seen in the history of the united states, the debt ceiling or the threat of not raising the debt ceiling being youzed to extort a president or a governing party. and trying to force issues that have nothing...
123
123
Sep 21, 2013
09/13
by
FOXNEWSW
tv
eye 123
favorite 0
quote 0
look at 2011 when the last debt ceiling face-off happened. we saw the stock markets plunge. >> david: we did. >> rating downgrade. >> david: true. then shortly afterwards the stock market came back up and they ignored the debt rating cut. but extortion? the word "extortion' a strong word. the president seems to forget what he said, which would be called extortion by his definition as well. >> extortion is criminal. this president is grasping for straws because he knows that 53% of americans realize obamacare will drive their healthcare costs up. republicans are doing the right thing. this is risky business. they realize obamacare is not ready for the big debut. it will drive up cost and cut jobs. we have a lot of work that has to be done to implement this properly. >> david: but rick, on this debt issue. by the way, president obama is not the only one to commit hypocrisy. harry reid and nancy pelosi voted to raise the debt ceiling. >> i'm shocked. who knew the president was a politician? be care waffle you say in the senate. you may be in the
look at 2011 when the last debt ceiling face-off happened. we saw the stock markets plunge. >> david: we did. >> rating downgrade. >> david: true. then shortly afterwards the stock market came back up and they ignored the debt rating cut. but extortion? the word "extortion' a strong word. the president seems to forget what he said, which would be called extortion by his definition as well. >> extortion is criminal. this president is grasping for straws because he...
114
114
Sep 22, 2013
09/13
by
FBC
tv
eye 114
favorite 0
quote 0
look at 2011 when the last debt ceiling face-off happened. we saw the stock markets plunge. >> david: we did. >> rating downgrade. >> david: true. then shortly afterwards the stock market came back up and they ignored the deb rating cut. but extortion? the word "extortion' a strong word. the president seems to forget what he said, which would be called extortion by his finition as well. extortion is iminal. this president is grasping for straws because he knows that 53% of americans realize obamacare will drive their healthcare costs up. republicans are doing the right thing. this is risky business. they realize obamacare is not ready for the big debut. it will drive up cost and cut jobs. we have lot of work that has to be done to implement this properly. >> david: but rick, on this debt issue. by the way, president obama is not the only one to commit hypocrisy. harry reid and nancy pelosi voted to raise the debt ceiling. >> i'm shocked. who knew the president was a politician? be care waffle you say in the senate. you may be in the white hou
look at 2011 when the last debt ceiling face-off happened. we saw the stock markets plunge. >> david: we did. >> rating downgrade. >> david: true. then shortly afterwards the stock market came back up and they ignored the deb rating cut. but extortion? the word "extortion' a strong word. the president seems to forget what he said, which would be called extortion by his finition as well. extortion is iminal. this president is grasping for straws because he knows that 53%...
265
265
Jan 14, 2013
01/13
by
FOXNEWSW
tv
eye 265
favorite 0
quote 0
the debt ceiling and you did. last year you said you wouldn't extend any of the bush tax cuts for the wealthy and you did. so as you say now that you're not going to negotiate on the debt ceiling, this year, why should house republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, take the example of this year and the fiscal cliff. i didn't say that i would not not have any conversations about extending the bush tax cuts, what i said we wouldn't extend bush tax cuts for wealthy and we didn't. we can argue during the campaign that i said, i set the criteria for wealthy at 250, and we ended up being at 400. but the fact of the matter is that millionaires, billionaires, are paying significantly more in taxes, just as i said. so from, you know, from the start my concern was making sure that we had a tax code that was fair and that protected the middle class and my biggest priority was making sure middle class tax
the debt ceiling and you did. last year you said you wouldn't extend any of the bush tax cuts for the wealthy and you did. so as you say now that you're not going to negotiate on the debt ceiling, this year, why should house republicans take that seriously and think that if we get to the one minute to midnight scenario that you're not going to back down? >> well, first of all, juliana, take the example of this year and the fiscal cliff. i didn't say that i would not not have any...
106
106
Oct 10, 2013
10/13
by
FBC
tv
eye 106
favorite 0
quote 0
house republican leaders offered a temporary incrrase in the debt ceiling. in exchange for negotiations on what they are calling the longer term debt drivers. offering to build -- bring a bill to the floor that would raise the debt ceiling for approximately six weeks that would not end the shutdown. white house spokesman signaled earlier in the day that the president would accept this offer. but after meeting with the president himself, senate majority leader harry reid said no negotiations on the budget would take place before the house passed a clean government funding bill. wall street ignoring their rhetoric on the way to the biggest one day point gain. they presented the debt ceiling deal to the president just moments ago wrapping up their meeting. correspondent ed henry on the scene with the report. >> reporter: for the first time in this standoff, finally some glimmers of progress. senate democrats met for an hour-and-a-half the president obama and the marist to suggest they are inching closer to a deal with house republicans. >> we will again is clea
house republican leaders offered a temporary incrrase in the debt ceiling. in exchange for negotiations on what they are calling the longer term debt drivers. offering to build -- bring a bill to the floor that would raise the debt ceiling for approximately six weeks that would not end the shutdown. white house spokesman signaled earlier in the day that the president would accept this offer. but after meeting with the president himself, senate majority leader harry reid said no negotiations on...
58
58
Jan 4, 2013
01/13
by
CNBC
tv
eye 58
favorite 0
quote 0
the debt ceiling debate, not the east of these. you want to buy, but if we actually have real press pressure where the republicans in congress, you could see reductions in spending. that in turn could put pressure on the precious metals. i think that's one point. another point, silver is looking a bit pricey relative to gold. there's usually a relationship close to 60 times. right now we're stretched in that standpoint. i think if we could see it normalize to where gold s that's a 6% pullback as well. the other thing, the long-term chart shows you how cheap options are. >> he's buying a put. let's open the playbook because it's good to see how it works. when you buy a put, you want the stock to go down by more than the cost of the trade. that's where you see profits. above that level, you'll see losses. >> march 28 puts cost 85 cents, buy outright, look for opportunities to spread them. you had the fed telling you they might be running back qe, good time to be bearish in silver. i wouldn't look to spread it until you got a move. ju
the debt ceiling debate, not the east of these. you want to buy, but if we actually have real press pressure where the republicans in congress, you could see reductions in spending. that in turn could put pressure on the precious metals. i think that's one point. another point, silver is looking a bit pricey relative to gold. there's usually a relationship close to 60 times. right now we're stretched in that standpoint. i think if we could see it normalize to where gold s that's a 6% pullback...
382
382
Jan 18, 2013
01/13
by
FOXNEWSW
tv
eye 382
favorite 0
quote 0
we are talking about the debt ceiling. versus spending cuts. chief congressional correspondent mike emanuel reports on the house g.o.p. winter retreat in virginia. >> at the house g.o.p. retreat in williamsberg, virginia, the leaders decided they will pass three-month temporary increase to give them time to finalize a budget. speaker boehner said before there is long-term debt limit increase a budget should be passed that cut spending. the house g.o.p. whip hinted at the strategy. >> our hope is to pass something early so the senate can take action as well. i wouldn't be jeopardizingor economy there. it shows it's a rational, put us on a better path. and i would hi the american public could support it and the senate as well. >> fox news poll reveals 83% think government spending is out of control. up five points from two years ago. 69% of those surveyed say the debt limit should only be raised after major cuts. aides to the number two senate republicans does not support giving president obama a blank check but told "houston chronicle" editorial
we are talking about the debt ceiling. versus spending cuts. chief congressional correspondent mike emanuel reports on the house g.o.p. winter retreat in virginia. >> at the house g.o.p. retreat in williamsberg, virginia, the leaders decided they will pass three-month temporary increase to give them time to finalize a budget. speaker boehner said before there is long-term debt limit increase a budget should be passed that cut spending. the house g.o.p. whip hinted at the strategy....
125
125
Oct 1, 2013
10/13
by
CNBC
tv
eye 125
favorite 0
quote 0
>> if the real concern is the debt ceiling discussion, it makes a debt ceiling discussion more likely. do you think that's true? >> at a certain point there will be a majority rule. these people in seats who may not demand a -- the people who are pro shutdown, they say don't you dare describe me as pro shutdown but of course they're pro shutdown. you're not allowed to characterize them because they get very angry. remember hamilton? >> alexander? >> he was cool. he was good about paying the debt. remember lincoln -- >> he's very close. >> remember lincoln when he defaulted, he used to call himself the national debt guy. these guys, didn't they tack that class? remember you had to take that class over and over again like the founding fathers. >> so who is aaron burr? >> i know who aaron paul is, i don't know who aaron burr is. i think the president goes right to the supreme court on this issue. >> the white house has said they would not do. >> everybody does everything they're say they're not going to do. you can't not pay the debt! >> only thing boehner has to do is take a vote. >> it
>> if the real concern is the debt ceiling discussion, it makes a debt ceiling discussion more likely. do you think that's true? >> at a certain point there will be a majority rule. these people in seats who may not demand a -- the people who are pro shutdown, they say don't you dare describe me as pro shutdown but of course they're pro shutdown. you're not allowed to characterize them because they get very angry. remember hamilton? >> alexander? >> he was cool. he was...
183
183
Oct 7, 2013
10/13
by
CNNW
tv
eye 183
favorite 0
quote 0
you know, the debt ceiling, the question of the debt ceiling, in fact, if you look at the polls, people believe when you're raising the debt ceiling, you ought to deal with the debt. so they feel like they're on firm ground on that one. >> it's not an easy vote for them. they might want -- >> not an easy vote for anybody. >> i think that, if obama was willing to give something -- if obama could get the abolition of the debt ceiling, i think he could break his no negotiations pledge but like you said, republicans -- >> no. there are some republicans talking about a short-term, you know, funding of the government tied to the debt ceiling, and i don't know that that's gotten anywhere. >> why doesn't the president just pick up the phone, tell john boehner, come over here, forget about harry reid, forget about nancy pelosi, forget about mitch mcconnell. just john boehner and him, one-on-one, the two of them start talking and it might not take a few hours, it might take a few days. why doesn't he do that? that's the way bill clinton used to work with newt gingrich during the shutdowns in '95
you know, the debt ceiling, the question of the debt ceiling, in fact, if you look at the polls, people believe when you're raising the debt ceiling, you ought to deal with the debt. so they feel like they're on firm ground on that one. >> it's not an easy vote for them. they might want -- >> not an easy vote for anybody. >> i think that, if obama was willing to give something -- if obama could get the abolition of the debt ceiling, i think he could break his no negotiations...
211
211
Sep 20, 2013
09/13
by
CNBC
tv
eye 211
favorite 0
quote 0
there's a long history of that, certainly with the debt ceiling because the debt ceiling vote is one that we have to pass to run the full faith and credit of the government. so ultimately i think president obama will negotiate. let me just say, dr. winstrop over there is currently serving in the military. i'm an ex-military army veteran and served overseas. neither one of us got elected to shut the government down. we got elected to run the country. that's what i got elected to do and what the people in tennessee sent me to do. it's the president talking about a shutdown. today we just sent a bill to the senate to look at and evaluate, larry. >> i get that. but, brad, let me go to you. obama said also on the stump today that you all are just messing with me. you're messing with me. and then he said, this will become a banana republic if we don't get the debt ceiling through and if obama care is defunding. so you're messing with me and a banana republic. what is your reaction to that? >> i think that my constituents feel like the president is messing with them. we see businesses shutt
there's a long history of that, certainly with the debt ceiling because the debt ceiling vote is one that we have to pass to run the full faith and credit of the government. so ultimately i think president obama will negotiate. let me just say, dr. winstrop over there is currently serving in the military. i'm an ex-military army veteran and served overseas. neither one of us got elected to shut the government down. we got elected to run the country. that's what i got elected to do and what the...
152
152
Sep 25, 2013
09/13
by
FOXNEWSW
tv
eye 152
favorite 0
quote 0
on the debt ceiling, he's the president of the united states, he can't allow a debt ceiling and he certainly can't allow a debt ceiling increase to not take place because he's fighting to protect members of congress from implementing -- from the implementation of his own law that he says is good for everybody. >> that's the point. republicans have planted their flag in a place that the president cannot and will not go. maybe he'd agree to the medical advice tax being lifted. but he will never agree to, for instance, delaying the individual mandate or defunding obama care. he can't and he won't. that's the problem here. but the white house has always said it will negotiate on the budget. it just won't negotiate on the debt ceiling. of course there are going to be negotiations and they're going to lead to hopefully a resolution on the debt ceiling. they're just not going to be about the debt ceiling. >> planting the flag on the senate floor for more than 21 hours, more with the panel, we'll start with charles when we come back. [ male announcer ] making a dodge in 100 easy steps. step 1 -- stu
on the debt ceiling, he's the president of the united states, he can't allow a debt ceiling and he certainly can't allow a debt ceiling increase to not take place because he's fighting to protect members of congress from implementing -- from the implementation of his own law that he says is good for everybody. >> that's the point. republicans have planted their flag in a place that the president cannot and will not go. maybe he'd agree to the medical advice tax being lifted. but he will...